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Aldar launched Abu Dhabi’s first regulated short-stay apartments

‘Cloud Living’ offers flexible stay options, and all-in-one pricing with no hidden costs or utilities Aldar worked with Department of Culture and Tourism - Abu Dhabi and Lavanda to devise a new regulatory framework that enables fully flexible short and medium-term leasing by Rohma Sadaqat Published: Tue 1 Feb 2022, 7:38 PM Aldar has announced the launch of Cloud Living,...

Bounced cheques in UAE – law changes with effect from today

Commercial Transaction Law amendments decriminalise dud cheques, with exceptions Changes to UAE’s Commercial Transaction Law – which include narrowing the scope for criminalisation of returned or “bounced” cheques due to insufficient funds – will be effective starting today (January 2)Image Credit: Shutterstock Dubai: Changes to UAE’s Commercial Transaction Law – which include...

Is it more cost-effective to rent or buy a home in the UAE?

Real estate expert Ben Crompton weighs up the options for residents in the Emirates The UAE property market is buoyant once again after changes to mortgage rules and new visa programmes for expatriate retirees and foreign investors boosted sentiment in the sector. Dubai property transactions hit their highest level since 2010 in the first quarter of this year, according to ValuStrat. The...

Everything you need to know about Al Reef Villas Registration and Tawtheeq

Enrolment & Registration of AlReef properties in ADDC & AbuDhabi Municipality post cancellation of Property Management agreement under Manazel’s name From Tawtheeq system Please be informed that Manazel have cancelled the Property Management Agreement from Tawtheeq system on January 30, 2020. Accordingly, we urge all owners to obtain their 1) Registration/Title Deeds and then 2) Transfer...

How interest rates have changed over last year and what that means practically for home buyers

.embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } I want to do a quick illustration to show how interest rates have changed over last year and what that means practically for home buyers. So, what...

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